USDA Export Inspections

USDA Export Inspections

Week Ending October 15, 2026

Soybeans🫘: 73.552 mbu
Corn🌽: 26.474 mbu
Wheat🌾: 8.830 mbu

Analysis 

Soybeans jumped to 2.002M MT from 1.109M the week before, with China taking 1.282M and Mexico 213K. Corn fell to 672K MT from 1.314M, led by Mexico at 306K and Colombia at 205K. Wheat slipped to 240K MT from 307K, with Vietnam at 75K and Egypt at 39K.

Bean inspections are running 26.6% ahead of last year at 7.16M MT since September 1, and this week was 25.8% above the same week a year ago. Corn is 2.3% behind last year's pace at 9.13M MT, with this week 49.2% under the same week of 2025. Wheat is the soft spot, 35.6% behind at 7.22M MT since June 1.

All three are trading lower this morning, with Dec corn about 6 under Friday's settle at 474.25. Nov beans at 1261.25 sit under the 20 and 50 day but well above the 200 day, while Dec wheat at 660.50 is holding just above its 200 day near 650. With RSI at 29.3, a close back above the 200 day near 480 in Dec corn opens the door to the 20 day near 505, while a close under the 20 day low at 470.25 targets the 60 day low at 457.25.